Re: What if a large number of miners were suddenly forced to shut down?

95% of miners are suddenly offline.
Be it a new law or an EMP strike. What would happen to bitcoin? Huh

Confirmation of transactions would take longer untill we hit the next difficulty adjustment. After that difficulty would be decreased. I am not 100% certain if there is a maximum the difficulty can change per adjustment, but I suspect there is.

There is. The difficulty may not increase or decrease more than 4-fold. If the hashrate drop occurs when we're more than about 400 blocks from a difficulty change and the hashrate stays down then we'll endure a few months of 8-block days (1 block every 3 hours on average) before retargeting to grind through 2 months of 45-minute blocks.

In its 6-year life Bitcoin has only once experienced a full 4-fold difficulty change.

Are you sure about the difficulty not being able to decrease by more then 75% in one adjustment? I know that one of the early adjustments almost was 4x and satoshi mentioned that it was close to the limit, however I have never seen anything regarding there being any limits as to how much the difficulty can go down.